Fed delivers small rate hike, flags possible pause in tightening cycle
The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time […]
Month: May 2023
Reliance Power posts Rs 322 crore net profit in March quarter
Reliance Power on Wednesday reported a net profit of Rs 321.79 crore for the quarter ended March 2023.The consolidated net loss of the company was […]
Ajay Banga becomes World Bank chief unopposed
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
‘Indian Oil to recoup most dues from Go First through bank guarantees’
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Adani Wilmar Q4 net profit declines 60%
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Markets take a breather after 8-day rally; all eyes on US Fed interest rate decision
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Adani Wilmar posts 60% drop in Q4 profit on weak edible oils demand
Adani Wilmar reported a 60% drop in Q4 profits due to lower edible oil prices and decreased demand. The edible oil prices have decreased with […]
Bhutan plans a $500 million fund for crypto mining in the Himalayas
The fund intends to develop green mining that leverages Bhutan’s hydroelectric power sources and pushes the country beyond its hydropower reliance. The initial focus of […]
India’s April services activity hits near 13-year high
The S&P Global India services Purchasing Managers’ Index surged to 62.0, surpassing all expectations in a Reuters poll that had predicted a drop to 57.0. […]
Go First has a lengthy history of missing financial obligations, says Pratt sources
In a statement, PW said: “Pratt & Whitney is committed to the success of our airline customers, and we continue to prioritise delivery schedules for […]